Research papers

LIBOR transition

As part of its ongoing work to facilitate a smooth London Interbank Offered Rate (LIBOR) transition for its members banks, the MBA hosted Mr. Nicholas Tandy, Director, Head of Thought Leadership, Asia Pacific Corporate Risks Solutions, Global Banking, HSBC, Hong Kong, for an online presentation to member banks on 25 May 2021. Mr. Tandy touched […]
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Development of debt market in Mauritius

On 12 May 2021, the MBA Sub-Committee on Capital Markets organised a webinar where Mr. Dean d’Sa, Managing Director of Pleion Corporate Finance, shared his thoughts on the development of the local bond market, and on how Mauritius can further develop into a regional USD fundraising platform. He invited banks to leverage on their treasuries […]
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Recent international tax developments

With the fresh support of the newly-elected US administration, a proposal for a Global Minimum Tax Rate recently gathered further momentum among OECD countries. On 6 May 2021 the MBA organised a webinar with  Mr. Mario Hannelas, Technical Advisor to the Director General of the Mauritius Revenue Authority & former Director of the Large Taxpayer […]
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LIBOR transition

The MBA Working Group (WG) on LIBOR Transition held its second online meeting on 4 April 2021. The WG group is a multidisciplinary committee, made up of senior officers from a Finance, Risk or Treasury background, and meets once a month to exchange best practice and ensure preparedness in relation to the forthcoming phasing out […]
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Forthcoming changes in international taxation

Reforms to the international fiscal landscape are gathering pace, with three recent developments. In January 2021, the EU voted to review its list of non-cooperative jurisdictions for tax purposes, and crackdown on zero-tax jurisdictions, with legally binding restrictions intending to kick in at end of the year. There are also anticipated initiatives under Pillar 2 […]
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LIBOR Transition-ISDA fallbacks

Across the world, banks are engaging with the complex issue of the phasing out of the LIBOR. In this connection, the International Swaps and Derivatives Association (ISDA) has published  IBOR Fallbacks Supplement and IBOR Fallbacks Protocol. This will amend ISDA’s standard definitions for interest rate derivatives to incorporate fallbacks for derivatives linked to certain IBORs, […]
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International developments & collaboration

The MBA regularly monitors international developments such as on Covid-19 response mechanisms, and prudential measures. In that regard, we are sharing with our members a recent report on Global Risks, released by the World Economic Forum. The Global Risks Report 2021
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